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Fintech Startup Mayfair Officially Launches Cash Account With Industry-Leading Yield

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San Francisco, California–(Newsfile Corp. – January 19, 2023) –  Fintech startup Mayfair officially launched its account to help businesses fortify their cash reserves and stay afloat during periods of economic downturn. The fintech company offers an industry-leading 4.02% yield on its cash account.

Photo from: Mayfair

The startup leverages assets under its management to negotiate higher rates for its business cash account, created in partnership with a reputable banking-as-a-service API that allows businesses to integrate financial services into their platforms. Through this API, Mayfair is able to work with FDIC-insured institutions to hold customer funds in cash accounts. These partnerships enable Mayfair clients to tap into a 4.02% APY without switching banks.

The company has so far raised $14 million as it scales operations. The Mayfair cash account has also been gaining wide acceptance among startups. Recently, entrepreneurs voted to name it the number two fintech product of the month on Product Hunt.

“Preserving the value of cash is becoming increasingly crucial with the souring economic climate worldwide,” a company spokesperson said. “It also provides them with greater financial security, enabling them to manage their cash flows and investment opportunities better.”

The annual percentage yield (APY) regular banks offer to business accounts ranges between 0.01% and 0.30%. With a 4.02% annual return, Mayfair’s cash account could offer a solution for businesses seeking financial security.

About Mayfair

The Mayfair product is an easy-to-use and safe platform for businesses to earn a high yield on their cash, without sacrificing the operational convenience of quick liquidity. Additionally, the automated treasury management function significantly reduces the time owners and treasury teams need to spend on cash management.

Contact Details:
Mayfair Sales Team
Email: [email protected]
Website: www.getmayfair.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/151869

Newsfile is a customer-focused newswire team that delivers press releases and corporate announcements to the global financial community. Approved by all stock exchanges, Newsfile offers broad access to media, analysts, investors and market participants. With agile services, proactive customer care and affordable pricing; Newsfile makes it easy for companies to tell their story to the audiences they need to reach.

Blockchain

Revolutionizing Fintech: 6G Digital & Rune Nilsson’s FlexM Global in a Bold $12.5M Deal Shaking the Banking Industry

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Teletubbies Digital Companions to Launch on the Tezos Blockchain

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MetaPals, an AI digital companion platform, is partnering with WildBrain’s beloved Teletubbies to bring together cherished childhood memories and the innovative digital era with the launch of the Teletubbies AI digital companions on 20 April, 2024.
As Teletubbies commemorates its 27th anniversary on 31 March, the collaboration marks the beginning of an exciting array of renowned IPs joining the ‘MetaPals Multiverse’ in 2024. Through the use of AI and blockchain technology powered by Tezos, much loved Tinky Winky, Dipsy, Laa-Laa, Po, and even Noo-Noo have become personalized, evolving digital companions within the MetaPals browser extension game engine.

The Teletubbies characters integrate with users’ daily browsing experience that accompanies users across the web, offering both playful interactions and practical assistance. This technology not only brings these fun characters to life in new, interactive ways, but also helps to enhance the mental well-being of users by fostering a sense of companionship.

Each Teletubbies companion within the MetaPals Multiverse will exhibit unique personality traits, offering users a diverse and dynamic experience. With personalities distributed across 5000+ Teletubby companions along a spectrum, users are guaranteed a one-of-a-kind experience, ensuring enjoyment for all and opportunities to foster new connections with this nostalgic brand.

Max Giammario, CEO of MetaPals, said: “Through this collaboration we’re not just revisiting Teletubbyland, we’re reinventing it for the digital age. By weaving in AI and blockchain, we enable the Teletubbies characters to evolve, interact, and form unique bonds with users, embodying our vision of dynamic digital companionship. With a bit of ‘MetaPals magic’, the Teletubbies are exploring beyond the hills and far away, ready to play, in ways we’ve never imagined.”

Melissa Goodrich, Director, Franchise Strategy at WildBrain, said: “We’re excited to see our colorful quartet come to life in new ways through this unique digital experience for fans. As we celebrate 27 years of the perennially popular Teletubbies franchise, this latest collaboration encapsulates the essence of childhood nostalgia while embracing the limitless possibilities of the digital age.”
Jason Lim, TZ Apac Games Adoption Team for the Tezos Ecosystem, said: “MetaPals will be pioneering the convergence of iconic IPs such as Teletubbies with the limitless possibilities of the Tezos blockchain. I can’t wait to see the magic they are brewing up next.”

The post Teletubbies Digital Companions to Launch on the Tezos Blockchain appeared first on HIPTHER Alerts.

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Alarum Announces Exciting Events Lineup and Welcomes Esteemed Advisor to NetNut’s Advisory Board

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